Overall Rating: ★★☆☆☆ (2.6/5.0)

Solid ECN is an offshore ECN/STP forex and CFD broker offering MetaTrader 5, copy trading, and cryptocurrency funding. While it promotes itself as a true ECN broker with ultra-fast execution, Solid ECN is only registered in Saint Vincent and the Grenadines (SVG)—a jurisdiction known for no regulatory oversight. The broker provides access to forex, commodities, indices, and crypto CFDs, but its lack of regulation, unclear company structure, and inconsistent transparency raise major concerns.

This review outlines Solid ECN’s features, regulatory standing, pricing, and whether it offers a secure trading experience in 2025.

Key Features

Solid ECN focuses on speed, automation, and crypto integration, with a basic yet accessible offering for independent traders.

• Trading Platform:
  • MetaTrader 5 (MT5) only
  • No MetaTrader 4 or proprietary platform
• Markets Offered:
  • Forex, indices, commodities, cryptocurrencies
  • Roughly 200+ instruments
• Account Types:
  • Standard, ECN, Pro, and Islamic accounts
• Leverage:
  • Up to 1:1000 depending on asset and account
• Minimum Deposit:
  • From $50
• Funding Methods:
  • Bank transfer, credit/debit cards, crypto wallets (BTC, ETH, USDT)

Regulation and Security

Solid ECN is registered in Saint Vincent and the Grenadines, a jurisdiction with no recognised forex regulatory body.

• No regulation by any top-tier body (FCA, ASIC, CySEC, etc.)
• Registered under SVG Financial Services Authority, which does not license or supervise forex brokers
• No investor compensation scheme
• No guaranteed negative balance protection
• Limited company transparency and unclear ownership details

This offshore setup makes Solid ECN a high-risk broker with no legal safeguards for clients.

Pricing and Costs

Solid ECN advertises low spreads and transparent ECN pricing, but actual costs vary by account and conditions are not always clearly disclosed.

• Spreads:
  • From 0.0 pips on ECN/Pro accounts
  • From 1.5 pips on Standard accounts
• Commissions:
  • $3–$6 per lot depending on account type
• Deposit/Withdrawal Fees:
  • No deposit fees
  • Crypto withdrawal fees apply
• Inactivity Fee:
  • Not disclosed

Educational Resources and Customer Support

Solid ECN offers minimal education, focusing instead on tools for experienced traders and copy trading functionality.

• Education:
  • Basic articles and platform guides
  • No structured courses, webinars, or trading academies
• Market Analysis:
  • Limited daily market outlooks
  • No third-party research tools
• Customer Support:
  • Live chat, email, and Telegram
  • 24/5 availability
  • Mixed reviews on quality and responsiveness

Risk Management Tools

Solid ECN provides standard MT5 risk tools, but does not offer enhanced protection features such as GSLOs or guaranteed coverage.

• Stop-loss, take-profit, and trailing stop orders
• No guaranteed stop-loss orders (GSLOs)
• No margin call alerts outside platform defaults
• No negative balance protection guarantee

Pros and Cons

Pros

• MT5 platform with ECN/STP execution
• Crypto deposits and withdrawals supported
• High leverage up to 1:1000
• Copy trading tools available

Cons

• Unregulated and registered in SVG only
• No investor protection or legal safeguards
• Limited education and analytics
• No MetaTrader 4 or proprietary alternative
• Transparency concerns regarding ownership and operations

Conclusion: Is Solid ECN the Right Choice?

Solid ECN is not suitable for traders seeking regulation, fund protection, or long-term reliability. While it offers MT5, flexible funding, and high leverage, its offshore registration, lack of oversight, and absence of legal recourse make it a high-risk option. Traders looking for better security should opt for FCA, ASIC, or CySEC-regulated brokers like Pepperstone, AvaTrade, or IC Markets.